Sociedad Anónima Deportiva
Sociedad anónima deportiva ("Public limited sports company") is a special type of public limited company in Spain. The new legal status was introduced in 1990[1] to improve financial management and transparency in sports clubs. Many Spanish football and basketball clubs add the suffix S.A.D. to the end of their official name, e.g. Club Atlético de Madrid, S.A.D..
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Every club which plays in Segunda División or Liga ACB and remains in the league is obliged to convert to S.A.D. status.
For historical reasons, Athletic Club, FC Barcelona, Real Madrid and Osasuna were allowed to retain their status as non-commercial sports associations.
List of clubs
Football
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Basketball
References
- http://www.csd.gob.es/csd/asociaciones/6SAD/ (Spanish)
- "Guía Económica de La Liga 2016" (PDF) (in Spanish). LaLiga.es and Palco23.com. 28 September 2016. Retrieved 29 September 2016.
- "Ronaldo becomes primary owner of Real Valladolid following takeover". ESPN. Retrieved 3 September 2018.
- "Chinese billionaire to buy 20% stake in Atlético Madrid soccer club". El País. 19 January 2015. Retrieved 9 February 2016.
- "UNA FÁBRICA DE SENTIMIENTOS CON 14.000 PROPIETARIOS" [A factory of feelings with 14,000 owners] (in Spanish). El País. 12 November 2018. Retrieved 12 November 2018.
- Góngora, Rafa; Miralles, Carlos (2 August 2019). "Turki Al-Sheikh ya es el dueño del Almería". La Voz de Almería (in Spanish). Retrieved 2 August 2019.
- "El CD Numancia de Soria, adquirido por nuevos inversores" [CD Numancia de Soria, bought by new investors] (in Spanish). CD Numancia. 28 September 2018. Retrieved 29 September 2018.
- The first CF Reus Deportiu SAD, registered with the number 95, was dissolved on December 2010
External links
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